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Longtrade

Gold prices hit record highs !! XAU increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) has capitalized on its recent breakout momentum and reached a new record high, around the $2,152 range on Wednesday. This surge comes as there are expectations for an imminent change in the Federal Reserve's (Fed) policy stance. Fed Chair Jerome Powell's remarks have reinforced these expectations, stating that the central bank anticipates lowering its benchmark interest rate later this year. However, Minneapolis Fed President Neel Kashkari downplays speculations of a more aggressive easing of policies, providing some support for the US Dollar (USD) and preventing it from further declining to its lowest level since February. Consequently, this curbs additional gains for gold, especially considering the extreme overextension seen on the daily chart. Simultaneously, any significant corrective decline in the price of gold appears unlikely due to ongoing geopolitical tensions. Furthermore, concerns regarding China's economic slowdown, as the second-largest economy globally, may continue to serve as a supportive factor for this safe-haven precious metal. Additionally, investors may choose to remain cautious ahead of Powell's second day of testimony before the Senate Banking Committee and the release of the highly anticipated US monthly employment data. ⭐️ Personal comments NOVA: Gold price reached a record high price of over $2,160. The buying pressure is huge, the next target is $2180 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2134 - $2132 SL $2128 TP1: $2140 TP2: $2150 TP3: $2160 🔥SELL GOLD zone: $2180 - $2178 SL $2185 TP1: $2170 TP2: $2160 TP3: $2153 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
1
ADP - NF, waiting for Gold price to touch $2150⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) declines during Asian session on Wed, partially reversing previous day's gains. Profit-taking and repositioning trade ahead of Fed Chair Powell's testimony may be contributing factors. Investors will closely analyze Powell's remarks for clues about Fed's rate-cut path and its impact on USD, which will influence gold price dynamics. ⭐️ Personal comments NOVA: Still giving priority to the rise of Gold, the market is too positive and looking forward to a new ATH point for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2080 - $2082 SL $2075 TP1: $2095 TP2: $2110 TP3: $2130 Can Scalping BUY area 2110-2108 🔥SELL GOLD zone: $2148 - $2150 SL $2155 TP1: $2140 TP2: $2125 TP3: $2110/b] ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
9
Stock Market Logic Series #8The natural psychological expectation is that after a stock goes up, it will continue to shoot up and go to the moon. But the truth is, that most of the time, the above does NOT happen immediately. WHY? Put yourself in the shoes of the BIG SHARK, the Puppet master... You want to buy the stock so you increase the price to lure people to sell to you. When you reach this point of selling, you know this is a price people are willing to sell... So what do you do? You stop buying and start ABSORBING all the selling from the weak hands. Not all weak hands are the same. Some people will want to sell at the new high or resistance. Some people will fear and want to sell at support. But what truly matters, is that when the BIG SHARK discovered where the ACCUMULATION zone, he has zero motivation to mark the price up further. And before the next run-up, he will stop force buying and start to let others sell into him (whipsaw motion). This is the WHY, price will not move further up IMMEDIATELY. And you will usually see a flag pattern or a triangle pattern before the next run-up. So always remember to keep in mind, that the LONG SIDE needs a RUNWAY before takeoff. I am talking here about being consistent and having extremely more confidence in your trading. Once you understand the LOGIC behind the patterns, you are much more likely to trade them correctly. It is much more bullish to wait for the RUNWAY to form than just buying a new high. In this post, I explained the logic of why so many new highs are "fails" and do not take off...
NASDAQ:NVDALong
by ZoharCho
Epic Cup & Handle Loading .... In my latest technical analysis of the BTCUSD (Perpetual Contract), I've identified a compelling 'Cup and Handle' pattern that signals a bullish trend on the horizon for Bitcoin. My chart showcases the formation with a well-defined 'cup' and a smaller 'handle', indicating a period of consolidation that could precede a significant upward breakout. I've marked the 'Cup Depth' to emphasize the price range from which we've rebounded, and the volume profile to the right distinctly shows a dense cluster of trades at the 'retracement level', underscoring it as a robust support zone. With a target box assertively set above the handle, I'm forecasting an ambitious price target in this cycle for Bitcoin (>$250K), reflecting my strong belief in the predictive power of this pattern.
Long
by tkarolak
2
Test $2060, continuing the UP trend ! XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 4/3 - 8/3/2024 🔥 World situation: The ISM February Manufacturing PMI decreased to 47.8 from 49.1, indicating a contraction in the U.S. manufacturing sector. Timothy Fiore, Chair of the Institute for Supply Management, mentioned that the rate of contraction was faster than in January, with a slowdown in demand, decrease in output, and continued support for inputs. As a result of the data, Gold prices experienced a significant increase as U.S. Treasury bond yields dropped, leading to expectations of earlier-than-anticipated rate cuts. Consequently, XAU/USD prices surged aggressively, reaching a new high for the year at $2,087.45, while U.S. Treasury bond yields fell. The yield of the U.S. 10-year Treasury bond declined by five and a half basis points (bps) to 4.197%, and real yields, as measured by the 10-year Treasury Inflation-Protected Securities (TIPS) yield, decreased from 1.934% to 1.878%. These developments had a negative impact on the value of the U.S. Dollar (USD). 🔥 Identify: Gold price increased sharply after the 6th PMI news. Continuing the upcoming UP trend of Gold Break out of the $2060 area, a huge buying pressure. The correction to test back to the $2060 area is essential to help Gold prices continue to increase and stabilize the market. 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2120, $2150 Support : $2060, $2040 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
8
Gold prices are still increasing in price ! UP⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold remains stable around $2,030 on Wednesday, showing a slight increase of 0.17%. This comes after the US Bureau of Economic Analysis (BEA) announced that the country's economy has grown. The decline in US Treasury bond yields has kept the value of gold close to its monthly and weekly highs, although it is still limited by the 50-day Simple Moving Average (SMA). On Wall Street, most stock market indices are experiencing little to no change, with some even showing a slight decrease. The Gross Domestic Product (GDP) for the last quarter of 2023 expanded slightly less than what was expected according to consensus and preliminary readings. Additionally, Retail and Wholesale Inventories have shown mixed results. Federal Reserve (Fed) Regional Presidents Susan Collins and John Williams have made statements. They have reiterated their previous remarks about potentially implementing looser monetary policies later in the year. They also emphasized that the core inflation rate has not yet reached the desired 2% goal. ⭐️ Personal comments NOVA: In the context of unstable US economic data, bad for the dollar, good for Gold. Gold prices continue to be supported moving towards higher price ranges ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2028 - $2030 SL $2022 TP1: $2036 TP2: $2042 TP3: $2050 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2044 TP2: $2038 TP3: $2031 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
12
Gold price continues to be in an increasing trend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold has pulled back after reaching the 50-day Simple Moving Average (SMA) at $2,033.67 during the European session. It is currently down by 0.40% due to a decline in the value of the US Dollar (USD). The drop in gold prices can also be attributed to an increase in the US 10-year Treasury yield and traders reducing their expectations of a dovish stance from the US Federal Reserve (Fed). Currently, the XAU/USD pair is trading at $2,026.93, having reached a high of $2,037.07. Although sentiment remains mixed, there is a slight negative bias that favors the US Dollar. Speculators on interest rates have priced out the possibility of a rate cut by the Fed in March and May. However, there is a 50% chance of a quarter of a percentage point rate cut in June. The US 10-year Treasury note has increased by four-and-a-half basis points to 4.295%, but it is still below the year-to-date (YTD) high of 4.354%. This increase in Treasury yields has put pressure on gold prices as investors align themselves with the Fed officials' expectation of three rate cuts by the end of 2024. ⭐️ Personal comments NOVA: Gold price continues in an Uptrend according to the H1 Frame, waiting for the Resistance areas that Gold reaches in this Rising wave. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2015 TP1: $2030 TP2: $2040 TP3: $2050 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2044 TP2: $2038 TP3: $2030 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
6
Golden Price in recovery !!! XAU increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) ended on a positive note for the first time in the past three weeks due to ongoing geopolitical tensions and a recent decline in the US Dollar (USD). However, despite surpassing the 50-day Simple Moving Average (SMA), the precious metal is struggling to maintain its momentum and is experiencing a slight decline during the Asian session on Monday. This can be attributed to speculations that the Federal Reserve (Fed) will keep interest rates higher for a longer period. Recently, market participants have revised their expectations for an early interest rate cut by the US central bank. This shift came after the release of consumer and producer prices in the US, which were higher than anticipated earlier this month. Furthermore, minutes from the late January FOMC meeting and hawkish comments from Fed officials indicated that the central bank is not eager to lower interest rates due to persistent inflation and a strong US economy. ⭐️ Personal comments NOVA: Gold price after recovery, surpassing the disputed area of ​​$2030. Still positive for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2015 TP1: $2030 TP2: $2040 TP3: $2050 🔥SELL GOLD zone: $2050 - $2048 SL $2055 TP1: $2042 TP2: $2036 TP3: $2030 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
1
UNI/USDT: UNI descending triangle, possible breakout ?UNI is currently trading inside the descending triangle and we can expect some movement inside the the triangle. if the current momentum continues we can expect the upward moment and we will enter a long trade when price breaks upward. if the price breaks the support then the trade invalid. price could settle in the next support at around 4.8 Entry Price: 6.222 Stoploss: 5.583 TP1: 6.571 TP2: 6.954 TP3: 7.685 TP4: 8.277 Don't forget to keep the stoploss. Like and follow us for more similar trade ideas. Cheers! GreenCrypto
Long
by GreenCryptoTrades
2
#Kalyani Steel, beautiful cup & handle formation,ready to blast?Although I am not so bullish on Metal sector overall but Kalyani steel has made a beautiful cup & handle/Rounding bottom formation on weekly time frame which got me interested. Also this week Kalyani steel has given all time high weekly close at 471 and if price manage to give 2 close above 472 then upside targets for me would be 1) 574 2) 628 3) 705 4) 849. Once 628 is crossed I will bring my SL either at cost or 574 to mitigate risk. Below 376 it will become weak. Keep eyes on this stock
NSE:KSLLong
by ssudhirsharma11
Unveiling Bitcoin's Golden Bull Run | Masters Edition | Remix Bitcoin, the flagship of cryptocurrencies, has once again surged into the spotlight, signaling a potential golden bull run on the horizon. This comprehensive analysis leverages Fibonacci levels, trendline analysis, moving averages, and now, an exploration into long-term candlestick formations and their interplay with horizontal support and resistance levels. Let's delve deeper into the technical indicators forecasting Bitcoin's luminous path ahead. 1. Fibonacci Retracement: A Dance with the 78.6% Level Bitcoin's recent price action has been nothing short of a technical analyst's dream. The cryptocurrency has tested the 78.6% Fibonacci retracement level, only to pull back to the 61.8% level, creating a suspenseful build-up. However, Bitcoin's resilience shone through as it catapulted back above the 78.6% level, setting its sights on the all-time high of $69,000. This movement not only demonstrates Bitcoin's strong market sentiment but also underscores the reliability of Fibonacci retracement levels as indicators of significant resistance and support. 2. Fibonacci Extension: Forecasting a Stellar Target The Fibonacci extension tool, a favorite among traders for its uncanny ability to predict future valuations, has once again provided a glimpse into Bitcoin's potential trajectory. Currently, the tool forecasts an ambitious target of at least $128,000. This prediction is not plucked from thin air but is rooted in the tool's historical accuracy in pinpointing major price milestones for Bitcoin, offering a tantalizing glimpse into what the future might hold. 3. Trendline Analysis: Controversy Turns to Gold While trendline analysis may spark debate among traders, its success in identifying key levels in Bitcoin's price history cannot be overlooked. Presently, these trendlines suggest the commencement of a golden bull run, pointing towards unprecedented higher levels. This analysis provides a roadmap for traders and investors, indicating significant points of interest and potential strategy adjustments. 4. Weekly MA and EMA: Shifting Sentiments The weekly Moving Average (MA) and Exponential Moving Average (EMA) are showing a major shift in market sentiment, tilting the scales in favor of the bulls. These indicators, especially when configured with the right periods, can accurately pinpoint market reversals. The alignment of both MA and EMA in a bullish configuration underscores a growing optimism in the cryptocurrency market, suggesting that the current momentum could have the legs to sustain a prolonged upward trajectory. 5. Long-term Candlestick Patterns and Horizontal Support and Resistance Adding another layer to our analysis, long-term candlestick formations offer invaluable insights into Bitcoin's market behavior. Over the years, these patterns have interacted with major levels of horizontal support and resistance, providing a historical context that underscores the significance of current price movements. These interactions reveal how Bitcoin has responded to previous periods of consolidation and breakout, informing predictions about its future trajectory. The examination of how Bitcoin has navigated through these levels in the past can help anticipate its future movements. For instance, a break above a long-established resistance level might signal a strong continuation of the current bullish trend, while support levels that have held firm over the years could indicate potential rebound zones during pullbacks. Conclusion: The Dawn of Bitcoin's Golden Era The synthesis of Fibonacci retracement and extension levels, trendline analysis, moving averages, and long-term candlestick patterns with horizontal support and resistance provides a robust framework for understanding Bitcoin's potential. As we chart this journey, the anticipation of Bitcoin's next phases grows, with technical indicators aligning in favor of a significant bullish phase. While the insights derived from these analyses offer a compelling narrative for Bitcoin's future, it's essential to approach investment with caution, recognizing the inherent volatility of the cryptocurrency market. Conducting thorough research and seeking diverse perspectives remain critical for making informed investment decisions. To Learn More, Check Out Latest Analysis & Educational Publications Mastering Fibonacci Retracement :Navigating Bitcoin's Volatility www.tradingview.com Ethereum's Breakthrough: Navigating the Bull Run and Beyond Disclaimer: This post is for informational purposes only and not financial advice. The cryptocurrency market is highly volatile and unpredictable. Engage in your research or consult with a financial advisor before making any investment decisions. BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P
Long
by FikratTrades
1
AFL Entry, Volume, Target, StopEntry: with price above 82.72 Volume: with volume greater than 2.71M Target: 86.95 area (this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages) Stop: Depending on your risk tolerance; Based on an entry of 82.73, 81.33 gets you 3/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
NYSE:AFLLong
by tradepatiently
KASPA (KAS/USDT) Soars to New HeightsTechnical Analysis: KASPA (KAS/USDT) has emerged as a remarkable player in the cryptocurrency landscape, exhibiting sustained growth and resilience. The recent patterns observed in its charts underscore both its potential and the keen interest of investors. 1. Fair Value Gap (FVG) and Price Rebound: KASPA's journey through the market has recently brought it to an important Fair Value Gap (FVG) area. This FVG, often seen as a critical juncture in price action, was met with a robust response as the price rebounded from it. This rebound is not just a random fluctuation but a strong indicator of underlying market confidence and investor interest. 2. Daily Exponential Moving Average (EMA) Cross: Coinciding with the rebound from the FVG, a daily EMA cross has been confirmed. This is a significant technical event, as Daily EMA crosses are often used to identify potential trend reversals or confirmations. In KASPA's case, this Daily EMA cross suggests a strengthening of the bullish trend, adding more credibility to the ongoing upward movement. 3. Breaching the All-Time High (ATH): Adding to the bullish sentiment, KASPA has, for the first time, broken past its All-Time High (ATH). This breach is not just a milestone but also a testament to the growing trust and optimism among investors regarding KASPA's future. Fibonacci Extension Targets: Utilizing the Fibonacci extension tool, we can project potential future price targets for KASPA. The calculated targets are as follows: First Target @1.618 Fibonacci Level: 0.324933 Second Target @2.618 Fibonacci Level: 0.467368 Third Target @3.618 Fibonacci Level: 0.612101 Fourth Target @4.236 Fibonacci Level: 0.699502 These targets provide a roadmap for where KASPA's price could head next, assuming the continuation of the current trend and market dynamics. Fundamentals Analysis: In the last 30 days, KASPA has not only made waves in the technical charts but also strengthened its fundamental position. Recent Developments and Partnerships: KASPA has recently announced several key partnerships, further integrating its technology into broader applications. These partnerships, focusing on areas like decentralized finance (DeFi) and non-fungible tokens (NFTs), are crucial for expanding KASPA's ecosystem and increasing its utility. Community and Developer Engagement: The project has seen a surge in community involvement and developer activity. The introduction of new tools and platforms for developers, along with community-driven initiatives, has fostered a more robust and active ecosystem. This increase in engagement is a positive sign, indicating a growing and dedicated user base. Regulatory Compliance and Security Measures: KASPA has also been proactive in ensuring regulatory compliance, a key factor in sustaining long-term growth. The team has taken steps to adhere to evolving global regulations, enhancing investor confidence. Additionally, security measures have been strengthened to protect against potential threats and vulnerabilities. Market Sentiment and Investor Interest: The overall market sentiment towards KASPA remains positive. Increasing investor interest, as evidenced by social media activity and cryptocurrency forums, suggests a bullish outlook. This sentiment is bolstered by KASPA's consistent performance and strategic initiatives aimed at long-term growth. In conclusion, KASPA's technical and fundamental analysis paints a picture of a cryptocurrency with strong potential, backed by a robust ecosystem and growing investor confidence. The synergy of technical strengths and solid fundamentals positions KASPA favorably for future growth. However, as with any investment, market dynamics and external factors could influence its trajectory.
Long
by Market-Pip-Factory
2
AUD/NZD Bullish Reversion TradeThe strategy used for this script was intended to take advantage of mean reversions in trading. The big green triangle signals bullish divergence and the other buy signal indicated a mean reversion detected. Along with basic chart analysis we can confidently take a long position here and I'm targeting a fill of the FVG(fair value gap) just overhead. First point of resistance is the sell side liquidity. Once that is breached we will retrace back to the FVG and secure our final profits there! Goodluck!
Long
by Mustangsvt281